Strategic capability Flashcards
Which model is used as a checklist when performing a resource audit?
9Ms model
What are the 9Ms?
Men
Machines
Money
Material
Markets
Make up
Management
Methods
Management info systems
Which model is used to assess the core competencies of an organisation?
Kay’s core competencies model
According to Kay’s core competencies model, what are the three main sources of competencies?
Reputation
Competitive architecture
Innovative ability
According to Kay’s core competencies model, what are the three types of competitive architecture?
Internal
External
Network
Which model is used to perform value chain analysis?
Porter’s value chain
According to Porter’s value chain, what are the primary activities?
Inbound logistics
Operations
Outbound logistics
Marketing and sales
Services
According to Porter’s value chain, what are the support activities?
Firm infrastructure
Human resources management
Technology development
Procurement
Which model is used to analyse business processed and determine how they should happen?
Harmon’s process-strategy matrix
According to Harmon’s process-strategy matrix, how would you deal with a business process that is of low strategic importance and low complexity?
Automate/outsource
According to Harmon’s process-strategy matrix, how would you deal with a business process that is of high importance and low complexity?
Automate
According to Harmon’s process-strategy matrix, how would you deal with a business process that is of low importance and high complexity?
Outsource
According to Harmon’s process-strategy matrix, how would you deal with a business process that is of high importance and high complexity?
Improve
Which model would you use to help decide which products to allocate resources to?
BCG matrix
According to the BCG matrix, what would a product be which has: high market share in high market growth?
Star